Stock Rating Upgrade
The Value Trend Rating for CVR Partners LP (NYSE: UAN) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 5/1/24, CVR Partners LP (NYSE: UAN) stock declined slightly by -0.6%, closing at $80.15. However, trading volume in this decline was below average at 79% of normal. Relative to the market the stock has been weak over the last nine months but has risen 4.4% during the last week.
Current PriceTarget Research Rating
UAN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
CVR Partners has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. CVR Partners has a slightly positive Appreciation Score of 65 but a poor Power Rating of 21, leading to the Low Neutral Value Trend Rating.
Be the first to comment